Funding you earn now, next payment 08:00 UTC+0.0371%/8h= +40.6% APRnext payment +$3.71 per $10,000 · paid last 24h +0.049%
Price spread now: OKX against Bybit−0.069%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$290.287% of the position
Funding, last 7 days+0.262%+$26 on $10k
+Price spread, last 7 days+0.068%+$7 · spread now −0.069%, 7d avg +0.003%
=Funding pays, the price is against you. OKX is 0.072% cheaper against Bybit than usual: you would sell low and buy high (spread −0.069% now, against its 7-day average of +0.003%). If the spread goes back, that is −$7 on $10k: about 16 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.262% in total) that is about 46 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SKHYNIXUSDT | 1,367.7 | 0 | get 0.0000% / 8h | 2h 08m | $19.6M | $31.3M | 100x |
| Short | OKX SKHYNIX-USDT-SWAP | 1,366.7 | 0.0371 | get 0.0371% / 8h | 2h 08m | $53.7M | $126.6M | 50x |
Bybit SKHYNIXUSDT
OKX SKHYNIX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $77.89
- Price spread: −0.069% → +0.003%
- −$7.2
- Slippage, 4 orders
- −$7.73
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $41.96
- Costs to cover
- 0.287%
- Break-even
- 3.2 days
Slippage from Bybit: live order book, 5 min ago; OKX: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 5 min ago | 0.22 bp | 7.2 bp −$7 | 10.3 bp −$103 | 52.5 bp −$5,255 | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.37 bp | 6.0 bp −$6 | 7.8 bp −$78 | 20.7 bp −$2,074 | doesn't fit |
SKHYNIX on 23 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYNIXUSDC | −0.0034% | 4h | 1,364.9 | −0.203% | $3.3M | $430K | 10x | as long as short |
| BloFin SKHYNIX-USDT | −0.0017% | 4h | 1,366.2 | −0.103% | $2.6M | $4.1M | 50x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,367.5 | −0.011% | $18.6M | $37.0M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,366.2 | −0.102% | $2.3M | $78K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,367.3 | −0.023% | $336.9M | $886.5M | 50x | as long as short |
| Bybit SKHYNIXUSDTlong | 0.0000% | 8h | 1,367.7 | long leg | $19.6M | $31.3M | 100x | |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,367.6 | −0.001% | $143.4M | $76.3M | 75x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,366 | −0.123% | $1K | $532K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,365.1 | −0.188% | $1.3M | $2.4M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,366.1 | −0.112% | $1.2M | $776K | 10x | as long as short |
edgeX SKHYNIXUSDC
BloFin SKHYNIX-USDT
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Binance SKHYNIXUSDT
Gate SKHYNIX_USDT
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX SKHX-USD | +0.0050% | 1h | 1,365.5 | −0.157% | $726 | $8K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0079% | 1h | 1,365.7 | −0.143% | $296.4M | $249.4M | 10x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,366.5 | −0.082% | $104K | $429K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,366.5 | −0.083% | $5.0M | $8.2M | 20x | as long as short |
| GRVT SKHYNIX_USDT_Perp | +0.0100% | 4h | 1,366.4 | −0.088% | $98K | $213K | 10x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,366.7 | −0.067% | $142K | $259K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,365.3 | −0.175% | $5K | $858 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,365.9 | −0.128% | $32K | — | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0221% | 1h | 1,363.1 | −0.330% | $669 | $37K | 5x | as long as short |
| Bullet SKHYNIX-USD | +0.0229% | 1h | 1,366.8 | −0.062% | $15K | $470K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0236% | 1h | 1,366.6 | −0.077% | $258K | $1.0M | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0264% | 4h | 1,366.6 | −0.079% | $22.6M | $32.2M | 20x | as long as short |
| OKX SKHYNIX-USDT-SWAPshort | +0.0371% | 8h | 1,366.7 | −0.069% | $53.7M | $126.6M | 50x |
SoDEX SKHX-USD
tradeXYZ xyz:SKHX
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
GRVT SKHYNIX_USDT_Perp
ApeX Omni SKHYNIXUSDT
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
Aftermath Perps SKHYNIXUSD
Bullet SKHYNIX-USD
Polymarket Perps SKHYNIX-USD
Bitget SKHYNIXUSDT